When an employer wants to speak with you about 'compensation' does that mean they want to give you a raise or does that mean they want to reimburse you for back pay?
2006-10-02 08:35:12 · 5 answers · asked by D K 1 in Business & Finance ➔ Careers & Employment
Generally compensation is your benefits such as health insurance, vision, dental, life insurance, etc.
2006-10-02 08:38:50 · answer #1 · answered by sovereign_carrie 5 · 0⤊ 0⤋
Compensation is a pretty broad term, which involves benefits you get for services rendered. It includes your salary/hourly wage, as well as medical benefits, and maybe even insurance. You need to evaluate carefully everything that is involved to see if you are getting the best end of the deal.
2006-10-02 15:44:52 · answer #2 · answered by theanswerman 3 · 0⤊ 0⤋
reimburse you, like if you have to go to the store and you spend your money they have to pay you back, not a raise
2006-10-02 15:39:01 · answer #3 · answered by tylerr_67 4 · 0⤊ 0⤋
ooh I don't really know what the want to compensate you for but money is involved I would think.
2006-10-02 15:43:20 · answer #4 · answered by Reckless 4 · 0⤊ 0⤋
you'll have to wait and see!
2006-10-02 15:43:00 · answer #5 · answered by joxster 3 · 0⤊ 0⤋